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The Monday Morning Memo

Russian postcard – Dreams of Quixote – by artist Tatiana Bobrova

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Random Quote:

“People predict by making up stories.
People predict very little and explain everything.
People live under uncertainty whether they like it or not.
People believe they can tell the future if they work hard enough.
People accept any explanation as long as it fits the facts.
The handwriting was on the wall, it was just the ink that was invisible.

People often work hard to obtain information they already have. And avoid new knowledge.
Man is a deterministic device thrown into a probabilistic universe.
In this match, surprises are expected.
Everything that has already happened must have been inevitable”

- Amos Tversky, notes he wrote to himself in 1972, from chapter 7, The Rules of Prediction, p. 197 in the book – The Undoing Project – by Michael Lewis

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